Council of Economic Advisers

Definition

A group of economic advisers appointed by the President to help formulate economic policy. This group typically consists of three members, who work in an advisory capacity and are not responsible for actual implementation of the policy.

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He worked on the council of economic advisers and we all were happy for him because that was a good position to be in.

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The Council of Economic Advisers had provided useful recommendations and keen insight that would be beneficial in making the decision.

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The Council of Economic Advisers had predicted the coming recession, but their calls for action fell on the deaf ears of the politicians.

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